FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA 
Investments
INVESTMENTS - SHAREHOLDERS' FUND
(` '000)
Sr. No Particulars As at 30.06.2015 As at 30.06.2014
LONG TERM INVESTMENTS
1 Government securities and Government guaranteed 34130573 27423252
bonds including Treasury Bills
2 Other Approved Securities 1272838 1205705
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity - Indian 108192071 85708838
                   Equity - Foreign 7816 7816
           (bb)  Preference 12968 11523
     (b)  Mutual Funds 0 0
     (c)  Derivative Instruments 0 0
     (d)  Debentures /Bonds Indian 6531177 6618378
           Debentures /Bonds Foreign 0 0
     (e) Other Securities
          Guaranteed  Equity 162 144
     (f)  Subsidiaries 734591 0
     (e)   Associates - Indian 0 0
            Associates - Foreign 721162 591162
4 Investments in Infrastructure and Social Sector
(a) Equity 4942389 5814087
(b) Debentures/Bonds 11558487 11441937
5 Other than Approved Investments 0 0
     (a)   Equity/Preference/Debentures/Venture Funds 1067200 1165111
     (b)   Preference 9566 8531
     (c)  Debentures /Bond 7526349 2735875
     (d)  Venture Funds 602040 476024
     (e)  Associate Indian 700000 700000
Short Term Investments
1 Government securities and Government guaranteed  1494451 462541
bonds including Treasury Bills 0 0
2 Other Approved Securities 70587 116212
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity  0 0
           (bb)  Preference 0 0
     (b)  Mutual Funds 1633037 1238946
     (c)  Derivative Instruments 0 0
     (d) Debentures /Bond Indian 794013 716408
           Debentures /Bond Foreign 0 350099
     (e) Other Securities 0 0
          Commercial Paper 0 0
     (f)  Subsidiaries 0 0
     (g)   Associates - Indian 0 0
            Associates - Foreign 0 0
4 Investments in Infrastructure and Social Sector 0 0
     (a)  Debentures /Bond 1738908 1385948
5 Other than Approved Investments 0 0
     (a)   Preference Shares 0 0
     (b) Debentures /Bond  626351 192843
     (c)  Mutual Funds 1382833 2316002
TOTAL 185749569 150687382
Figures for the previous year have been regrouped where necessary.
INVESTMENTS - POLICYHOLDERS' FUND
Sr. No Particulars As at 30.06.2015 As at 30.06.2014
LONG TERM INVESTMENTS
LONG TERM INVESTMENTS
1 Government securities and Government guaranteed 70918897 67565497
bonds including Treasury Bills 0 0
2 Other Approved Securities 2644792 2970619
3 Other Investments 0 0
     (a)  Shares 0 0
           (aa)  Equity - Indian 224809070 211169714
                   Equity - Foreign 0 0
           (bb)  Preference 26945 28390
     (b)  Mutual Funds 0 0
     (c)  Derivative Instruments 0 0
     (d)  Debentures /Bonds Indian 13570937 16306380
           Debentures /Bonds Foreign 0 0
     (e) Other Securities
          Guaranteed  Equity 338 356
     (f)  Subsidiaries 0 0
     (e)   Associates - Indian 0 0
            Associates - Foreign 0 0
4 Investments in Infrastructure and Social Sector
(a) Equity 10269642 14324767
(b) Debentures/Bonds 24017035 28190681
5 Other than Approved Investments 0 0
     (a)   Equity/Preference/Debentures/Venture Funds 2217503 2870604
     (b)   Preference 19877 21018
     (c)  Debentures /Bond 15638776 6740659
     (d)  Venture Funds 1250960 1172830
     (e)  Associate Indian 0 0
Short Term Investments
1 Government securities and Government guaranteed  3105275 1139610
bonds including Treasury Bills 0 0
2 Other Approved Securities 146670 286327
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity  0 0
           (bb)  Preference 0 0
     (b)  Mutual Funds 3393239 3052519
     (c)  Derivative Instruments 0 0
     (d) Debentures /Bond Indian 1649855 1765089
           Debentures /Bond Foreign 0 0
     (e) Other Securities 0 0
          Commercial Paper 0 0
     (f)  Subsidiaries 0 0
     (g)   Associates - Indian 0 0
            Associates - Foreign 0 0
4 Investments in Infrastructure and Social Sector 0 0
     (a)  Debentures /Bond 3613224 3414703
5 Other than Approved Investments 0 0
     (a)   Preference Shares 0 0
     (b) Debentures /Bond  1301476 475128
     (c)  Mutual Funds 2873347 5706172
TOTAL 381467858 367201063
Figures for the previous year have been regrouped where necessary.
Notes:
(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.
(i) Holding company and subsidiary shall be construed as defined in the Companies Act, 1956:
(ii)        Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.
(i)             Joint control - is the contractually agreed sharing of power to govern the financial and operating policies of an economic activity to obtain benefits from it.
(ii)           Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.
(iii)          Significant influence (for the purpose of this schedule) - means participation in the financial and operating policy decisions of a company, but not control of those policies.  Significant influence may be exercised in several ways, for example, by representation on the board of directors, participation in the policymaking process, material inter-company transactions, interchange of managerial personnel or dependence on technical information. Significant influence may be gained by share ownership, statute or agreement.  As regards share ownership, if an investor holds, directly or indirectly through subsidiaries, 20 percent or more of the voting power of the investee, it is presumed that the investor does have significant influence, unless it can be clearly demonstrated that this is not the case.  Conversely, if the investor holds, directly or indirectly through subsidiaries, less than 20 percent of the voting power of the investee, it is presumed that the investor does not have significant influence, unless such influence is clearly demonstrated.  
A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence.
(b)        Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed.
(c)        Investments made out of Catastrophe reserve should be shown separately.
(d)        Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation.
(e)            Investment Property means a property [land or building or part of a building or both] held to earn rental income or for capital appreciation or for both, rather than for use in services or for administrative purposes.
(f)             Investments maturing within twelve months from balance sheet date and investments made with the specific intention to dispose of within twelve months from balance sheet date shall be classified as short-term investments